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Reading: New Information:EBRD foresees economic Growth in B&H
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Sarajevo Times > Blog > BUSINESS > New Information:EBRD foresees economic Growth in B&H
BUSINESS

New Information:EBRD foresees economic Growth in B&H

Published: November 6, 2015
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EBRD Predictions for Economic Growth elektroprivreda.baAccording to the prognosis of EBRD for B&H, economic growth by nearly three percent is expected in the next year.
The European Bank for Reconstruction and Development (EBRD) foresees the economic growth in B&H by three percent in 2016, stated the report on regional economic odds published yesterday by this financial institution.

EBRD predicts greater economic growth in B&H with the expansion by 2.8 percent in 2015, which represents a big increase compared to only one percent in 2014.

B&H is negotiating with the International Monetary Fund (IMF) on a new agreement which should stimulate the macroeconomic stability, and the executive authorities across all levels in the country have assumed the obligations towards the new Reform Agenda, whose aim is to reactivate the postponed structural reforms.

Wholesale and retail, public administration and construction sector all have good results.
However, fiscal risks and possible political volatility pose risks for this growth.

Overall, the odds for the economies in which the EBRD invests are still divided wherein, it is said, the Russian recession and low oil prices and other listed goods burden the countries in the East.
(Source: novovrijeme.ba)

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